THE CHALET, CHURCH STREET, HORSFORD, NORWICH, NR10 3DB - £296,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE CHALET is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £296,000 in April 2017, which was around 8% below the average April 2017 detached price in the Broadland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows three sales for THE CHALET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three THE CHALET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 APR	£296,000	£320,796	8% below HPI
2015 4 MAR	£249,950	£279,017	10% below HPI
2006 3 JUL	£187,000	£233,719	20% below HPI

THE CHALET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three THE CHALET sales between July 2006 and April 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE CHALET?

THE CHALET is 118m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Horsford, based on EPC data. The below chart shows the distribution of detached houses by size in Horsford, and where THE CHALET lies on this distribution: 48% of detached houses are smaller than THE CHALET, and 51% of houses are larger. Note that EPC data is not available for all properties in Horsford.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.249 of an acre, or 1,008m². The below map shows the location of THE CHALET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE CHALET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE CHALET?

THE CHALET is located on CHURCH STREET in HORSFORD, in the NR10 postcode district. The below map shows the position of THE CHALET on CHURCH STREET.